The Houston, Texas-based Bilateral Chamber of Commerce and the Private Sector Commission (PSC) have pledged to leverage their combined resources to boost economic relations between the United States and Guyana.
A joint release yesterday from the two said that the signing ceremony was witnessed by Guyana’s Minister of Natural Resources, Vickram Bharrat, Sarah-Ann Lynch, U.S. Ambassador to Guyana, ExxonMobil executives Dr. John Ardill and Alistair Routledge, and Dr. Peter Ramsaroop, the head of G-Invest Guyana.
The release said that the two parties signed a Memorandum of Under-standing during a ceremony in Houston on Wednesday, May 4, 2022 where a major oil and gas event was being held.
“The MOU promotes trade and investment across sectors, including infrastructure, healthcare, industry and education. The agreement, signed by Ms. Aida Araissi, Chief Executive Officer of the Bilateral Chamber, and Mr. Paul Cheong, Chairman of the PSC, was the fruit of the Bilateral Chamber’s first Trade Mission to Guyana in March 2022”, the release said.
Araissi stated, “we are proud to be ranked as a top producing contractor for the US Trade and Development Agency (USTDA). Our Bilateral Chamber and USTDA programs represent over US$100 billion dollars of exported U.S. goods, services, and advanced technologies and we’re looking forward to bringing that kind of expertise to Guyana, to grow the local content.”
The Chamber and the PSC will work together in the coming months to organize more trade missions to bring together businesses from the U.S. and Guyana.
Cheong said, “today is a historic day. We will work on building a partnership that members of both sides will be proud of. This is just the beginning”.
The Bilateral Chamber has an expansive network of more than 36,000 subscribers, representing small to large enterprises. The release said the Chamber is a trusted partner to the U.S. Trade and Development Agency, the U.S. Departments of Commerce, State, and Energy, as well as trade development agencies in key markets around the globe.
